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ADM Announces Realignment of Business Segments Across Four Units

Mar 21, 2018

Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...

Tags: Food processing

Coveris Introduces New Recovery System

Nov 16, 2017

Packaging firm Coveris has introduced a new recovery system, Recoveris, which allows the delamination and separation of label stock from silicone backing paper for reprocessing. The company has deployed the new recovery system at its ...

Tags: Recovery System, Packaging

FCA US to Invest $1bn in Michigan and Ohio Plants

Jan 17, 2017

FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...

Tags: FCA US, Jeep

Swire Pacific to Acquire Coca-Cola Bottling Assets in China

Nov 22, 2016

Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...

Tags: Swire Pacific, Coca-Cola

SPX Flow: Preliminary Q3 Results

Oct 25, 2016

Announcing preliminary financial results for the third quarter ended 1 October 2016, SPX Flow said that on an adjusted basis, operating income in the third quarter is expected to be just below the guidance range of US$35 million–US$45 ...

Tags: SPX Flow, Q3 Results

Volkswagen Plans Major Electrification Initiative

Jun 20, 2016

Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...

Tags: Volkswagen, pact for the future, BEVS

Osram Investing euro3bn in Lighting by 2020

Nov 13, 2015

In response to the shift in the lighting market toward semiconductor-based technologies creating new growth opportunities, lighting company Osram GmbH of Munich, Germany says that it is to invest about €3bn in new technologies and ...

Tags: Osram, Lighting, Opto Semiconductors

Osram LED Business Shows Positive Growth in 2Q15

Nov 13, 2015

Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million (US$ 142.51 million) , translating into a margin of 9.5%. The development ...

Tags: Osram, smart lighting, LED lighting

The Year 2015 Is off to a Rocky Start for Branded Media Tablets or Tablet PCs

Jul 7, 2015

For branded media tablets, or tablet PCs, the year 2015 is off to a rocky start. For the first time since inception, the popular consumer item experienced its largest quarter-on-quarter (QoQ) decline to date of 35 percent, in the first ...

Tags: Tablet Shipments Acer

BMW Launched Initiatives to Reposition Its Premium Compact Class Mini

Jun 29, 2015

German automotive giant BMW Group has launched initiatives to reposition its premium compact class Mini by pursuing strategies that involve focusing on five models and built-in car-sharing provision. Attending the launch of new Mini ...

Tags: BMW group, automobile manufacture, compact car

Lanxess Improved Operating Result and Net Income in a Challenging Market in 2014

Mar 23, 2015

In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...

Tags: Lanxess, specialty chemicals

IMA Completes The Acquisition of Five Companies Under Oystar Group

Dec 18, 2014

IMA Industria Macchine Automatiche will be acquiring 80% interest in five companies - Benhil, Erca, Gasti, Hamba and Hassia - which currently form the Oystar Group. The newly formed company will function under the name IMA Dairy&Food ...

Tags: packaging machines, food industry, Agriculture

Premium Brands Announces Revenue for Q314 Increased by 15.2% to $330.4 Million

Nov 18, 2014

Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...

Tags: Premium Brands, Adjusted EBITDA, Agriculture

Sanner Introduces New Solution Called AdCap That Claims to Protect Products From Moisture

Nov 12, 2014

Sanner, a manufacturer of plastic packaging for pharmaceutical, medical and healthcare products, has introduced a new solution called AdCap that claims to protect products from moisture. Easy-to-handle AdCap combines the benefits of ...

Tags: desiccant, moisture adsorption, Agriculture

Las Vegas Market Announced That Phase Three of Strategic Growth Plan to Position Itself

Aug 22, 2014

Las Vegas Market announced that phase three of its strategic growth plan to position itself as the leading buying platform for furniture, home decor and gift in the western United States will be implemented at the Summer 2015 Market, ...

Tags: Las Vegas Market, Growth, Furniture

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